21/51 Olsen AvenueLabrador QLD 4215
Property Details for 21/51 Olsen Ave, Labrador
21/51 Olsen Ave, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 295m2 and floor size of 295m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (July 2022)
Situated in the sought after 'Montana Gardens' Complex, this single level, end unit is an incredible opportunity to purchase a low maintenance property with tenants already in place.
Less than 1km from Harbour Town in one direction, and within walking distance to the Gold Coast University Hospital, Griffith University and the GC Light rail among other things, this is home is in a prime position.
Featuring 2 good size bedrooms with ceiling fans and built-in robes, bright airy bathroom with bath, separate shower, and separate toilet.
The living area features air conditioning, and the dining room has a sliding door leading you to the rear yard which is spacious and surrounded by trees for privacy. There is a council reserve area at the bottom of the rear yard so you feel like you are a long way from the neighboring properties.
The kitchen is functional, with a cook top, separate wall oven and pantry.
There is internal access from the single car garage to the kitchen, and there is additional parking for another vehicle in the driveway.
Currently rented for $420 per week until June 2023, with mature neighbours and an on-site manager.
Body Corp = $50 p/w approx.
Rates = $760 bi-annually approx.
Water = $330 p/q approx.
Inspections are via appointment only.
Property History for 21/51 Olsen Ave, Labrador, QLD 4215
- 03 Jun 2022Sold for $425,000
- 25 May 2022Listed for Sale Offers Over $412,000
- 04 Feb 2002Sold for $110,000
Recent sales nearby
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About Labrador 4215
The size of Labrador is approximately 5.0 square kilometres. There are 19 parks, covering nearly 14.6% of the total area. The population of Labrador in 2016 was 18261 people. By 2021 the population was 18643 showing a population growth of 2.1% in the area during that time. The predominant age group in Labrador is 50-59 years. Households in Labrador are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Labrador work in a professional occupation.In 2021, 50.80% of the homes in Labrador were owner-occupied compared with 45.10% in 2016.
Labrador has 12,094 properties. Over the last 5 years, Houses in Labrador have seen a 80.57% increase in median value, while Units have seen a 114.22% increase. As at 30 June 2026:
- The median value for Houses in Labrador is $1,260,776 while the median value for Units is $871,221.
- Houses have a median rent of $780 while Units have a median rent of $720.
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